At a Glance
- Tasks: Lead a team in developing innovative procurement strategies for McLaren's cutting-edge automotive projects.
- Company: Join McLaren, a leader in automotive excellence and innovation.
- Benefits: Enjoy 25 days holiday, enhanced pension, private medical insurance, and flexible lifestyle benefits.
- Other info: Opportunity for career growth and professional development in a fast-paced environment.
- Why this job: Make a real impact in the automotive industry while mentoring a dynamic team.
- Qualifications: Experience in procurement and team leadership within the automotive sector is essential.
The predicted salary is between 60000 - 80000 € per year.
Reporting to the Head of Department (HoD) Commodity Procurement, the Commodity Manager will have responsibility for the successful development and deployment of Category Strategies for their team’s commodity areas. With a team of buyers and senior buyers reporting to them, the Commodity Manager will have strategic responsibility for multi-million £’s of direct material spend per annum with McLaren’s suppliers and will drive best in class strategies across the whole team (with an annual spend of over £80m).
PURPOSE OF THE ROLE: The Commodity Manager will have responsibility for leading and mentoring their team members and, utilising their experience, demonstrating ‘what good looks like’ for Category Strategies and Supplier Relationship Management. They will be a role model within Procurement in terms of Procurement professionalism and the right behaviours. They will set the strategic direction of future supplier sourcing for McLaren vehicles for the commodities & suppliers within their commodity area and effectively direct their supplier relationships, in order to ensure access to the best technology at the lowest achievable ‘total cost’, whilst ensuring at all times that any possible risk to McLaren is minimised.
What You'll Do
- Lead and mentor their team in a manner that develops their people, achieves the most from them and delivers on their key objectives, including assisting them with the development of best in class Category Strategies;
- In developing Category Strategies, ensure close cooperation with Engineering to incorporate Technology Roadmaps and demonstrate expertise regarding their suppliers’ and the wider industry’s current and future technological advances;
- Deliver the creation and subsequent updating of Category Strategies, fully aligned with Technology Roadmaps, to ensure McLaren has clarity regarding the best possible selection of suppliers to meet our future product plans, technology, sourcing and cost requirements;
- Fully utilise the strategic understanding of their supplier base to deliver the best possible Total Cost for McLaren, including negotiating new programme sourcing, driving continuous cost reduction through process improvement & new technologies, as well as delivering appropriate low cost sourcing strategies, whilst protecting McLaren from risk;
- Be a role model for other team members, such that they aspire to develop into the Commodity Manager position in the future, and so that their professional behaviours are replicated by other team members;
- Be a subject matter expert regarding the suppliers, competitors and industry landscape within their commodity area, fully conversant with the manufacturing processes, cost drivers and current, as well as future, technology;
- Demonstrate that Procurement is a key business partner that brings real added value when interacting with other departments;
- Prepare and deliver, with the HoD, the annual plans for cost reduction for their Commodity area, to ensure the committed improvements in direct material cost are delivered in line with the business plan;
- Understanding and interrogating supplier Quotation Analysis Forms (QAF’s), in order to deliver the best possible total cost for McLaren;
- Own the relationships with key suppliers, including leading the Supplier Relationship Management process;
- Demonstrate best practice in the application of Supplier Relationship Management and mentor other team members;
- Build strong relationships with their opposite numbers(s) within Engineering to ensure robust cross functional cooperation;
- Deputise for the Head of Department, Commodity Procurement and lead key meetings, where appropriate;
- Leverage robust supplier relationships to deliver the best outcome for McLaren in critical supplier negotiations;
- Lead contract negotiations with suppliers and work closely with the McLaren legal team;
- Manage all Commodity Procurement activities for their suppliers and work with the Programme Procurement team;
- Deliver all Procurement actions for their suppliers in line with the Procurement Strategic Plan;
- Fully accountable for all aspects of the relationship with their supplier base, including effective resolution of critical supply issues.
What You'll Bring
- Comprehensive knowledge of the complete supply chain within Automotive, Manufacturing or similar businesses;
- An excellent understanding of Procurement processes, systems and best practice;
- A full understanding of the ‘partner’ functions that Procurement must work with and influence;
- An understanding of McLaren processes, systems, and procedures would be beneficial.
Essential Functional / Technical Skills
- A university degree in Business or Engineering (ideally automotive, aerospace or mechanical), or similar, is preferred but not essential;
- Professionally qualified to MCIPS level or equivalent, or working towards completion, is preferred;
- Deep understanding of the Procurement function and processes, and demonstrable experience of managing multi-national suppliers;
- Broad amount of experience as a buyer and senior buyer with an Automotive Original Equipment Manufacturer (OEM);
- Experience of delivering multiple Category Strategies / Commodity Strategies through cross functional collaboration with Engineering;
- Well versed in successfully delivering multi million pound negotiations and contracts for direct materials at senior level with suppliers;
- Experience of high volume and niche vehicle Procurement;
- Experienced with financial analysis for assessing supplier’s health and for building business cases internally;
- Fluent written and verbal English is essential.
Personal Attributes / Competencies
- Excellent motivational and coaching skills, with the capability to influence within a dynamic organisation;
- Demonstrates through prior roles that they are capable of successfully leading teams;
- Comfortable dealing with suppliers at all levels of the organisation;
- Results driven and able to deliver against challenging targets;
- Excellent organisational skills, deadline adherence and exceptional attention to accuracy and detail;
- Excellent communication skills, both written and oral;
- Strong presentation and influencing skills;
- A great team player who works well and humbly with their colleagues.
What We'll Do for You
- Structured career development framework;
- 25 days’ holiday, plus bank holiday. Annual buy & sell up to five days;
- Enhanced company pension scheme;
- Discretionary annual bonus award;
- Private medical insurance and health cash plan;
- Life assurance benefit;
- Ability to apply for a sabbatical of up to one year after only two years’ service;
- Benefits you can adapt to your lifestyle, such as discounted shopping;
- Generous parental leave policies;
- A range of wellbeing initiatives, such as employee assistance programme and free financial & mortgage advice.
Procurement Manager - Interiors in Woking employer: McLaren
McLaren is an exceptional employer, offering a dynamic work environment in Woking that fosters professional growth and development. With a strong emphasis on mentorship and collaboration, employees benefit from structured career development frameworks, generous holiday allowances, and a comprehensive benefits package that includes private medical insurance and enhanced pension schemes. The company’s commitment to innovation and excellence in the automotive industry ensures that team members are not only part of a leading organisation but also have the opportunity to shape the future of vehicle procurement.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Manager - Interiors in Woking
✨Tip Number 1
Network like a pro! Get out there and connect with people in the procurement field. Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to potential contacts. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching McLaren and its procurement strategies. Understand their current suppliers and any recent news about the company. This will help you tailor your answers and show that you're genuinely interested in the role.
✨Tip Number 3
Practice your negotiation skills! As a Procurement Manager, you'll need to demonstrate your ability to negotiate effectively. Role-play scenarios with friends or colleagues to build your confidence and refine your approach.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the team at McLaren. So, get your CV ready and hit that apply button!
We think you need these skills to ace Procurement Manager - Interiors in Woking
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Procurement Manager role. Highlight your experience in developing Category Strategies and managing supplier relationships, as these are key aspects of the job.
Showcase Your Leadership Skills:Since this role involves leading a team, don’t forget to mention your previous leadership experiences. Share examples of how you've mentored others and driven successful outcomes in procurement.
Be Specific About Your Achievements:Quantify your successes where possible! If you've managed multi-million pound negotiations or achieved significant cost reductions, make sure to include those figures to demonstrate your impact.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves, and we can’t wait to see what you bring to the table!
How to prepare for a job interview at McLaren
✨Know Your Stuff
Make sure you have a solid understanding of the procurement processes and strategies relevant to the automotive industry. Brush up on McLaren's specific practices and be ready to discuss how your experience aligns with their needs.
✨Showcase Your Leadership Skills
As a Procurement Manager, you'll be leading a team. Prepare examples of how you've successfully mentored others and driven results in previous roles. Highlight your ability to influence and motivate your team to achieve strategic objectives.
✨Be Ready for Technical Questions
Expect questions about supplier relationship management and cost reduction strategies. Familiarise yourself with current trends in technology and how they impact procurement decisions. This will show that you're not just a buyer, but a strategic partner.
✨Demonstrate Cross-Functional Collaboration
Prepare to discuss how you've worked with other departments, like Engineering, to develop category strategies. Emphasise your ability to communicate effectively across teams and how this has led to successful outcomes in past projects.